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BitMEX Co-founder predicts Bitcoin surge amid dollar liquidity rise
25.11.2023
In the statement, Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity
Bitcoin Price Prediction: Soaring Past $37K Amid ETF Buzz & Regulatory Debates
23.11.2023
In a market buzzing with anticipation and regulatory crosswinds, Bitcoin has once again captured the spotlight, soaring past the $37,000 mark. This latest surge, marked by a nearly 2.75% to $37,353 on Thursday, comes amidst a backdrop of thin holiday trading and a strengthening dollar....
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
23.11.2023
The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated financial institutions against having dealings with the eight...
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil
22.11.2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss...
New Zealand’s Kiwi Dollar-Pegged Stablecoin NZDD Embarks With New Self-Custody Wallet
22.11.2023
Source: Pixabay New Zealand-based crypto exchange Easy Crypto and Australian blockchain firm Labrys launched a new NZ dollar-pegged stablecoin on Wednesday. Dubbed NZDD, the stablecoin will be regulated by the New Zealand Financial Markets Authority, a company statement read. The stablecoin will...
New Zealand dollar stablecoin goes live through local crypto exchange
22.11.2023
Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm
Surging Altcoins Eclipse Bitcoin’s Gains, Sparking Buzz of an Imminent ‘Alt Season’
21.11.2023
Bitcoin’s value has surged by 23% against the U.S. dollar in the past month, but a vast array of altcoins have seen even more substantial gains, outpacing BTC’s monthly rise. Such trends in smaller market cap coins have sparked proclamations on social media platforms, heralding...
Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
20.11.2023
The weakness in the U.S. Dollar Index suggests that risky assets such as Bitcoin and the S&P 500 Index may remain in favor with the buyers
Digital Hong Kong Dollar Pilot Plan to Enter Second Phase Next Year
20.11.2023
Source: HKMA The Hong Kong Monetary Authority (HKMA) is set to initiate the second phase of its digital Hong Kong Dollar project next year, focusing on the exploration of innovative applications and reinforcing collaborations across the financial industry. During the Fintech Foresight Seminar held...
Openai Shakeup: Sam Altman Out as CEO, Worldcoin’s WLD Plunges
18.11.2023
Following the announcement by Openai, a firm dedicated to artificial intelligence (AI), that Sam Altman is stepping down, Worldcoin, a crypto venture backed by Altman, experienced a 13.5% decline in its native asset WLD compared to the U.S. dollar. Openai, in an open letter addressed to the public...
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
17.11.2023
A study found that privacy increases participants’ willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products
Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution
17.11.2023
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors...
Singapore central bank to trial live wholesale CBDC for settlements
17.11.2023
The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks
Xi Jinping Vows No Hegemony in China’s Approach to US, Aiming for Stable Ties
16.11.2023
On Wednesday, Chinese President Xi Jinping delivered a speech emphasizing China’s aspiration for harmonious ties with the United States. The Chinese head of state conveyed his vision of an enhanced “friendship in the new era” between the two influential countries. He firmly...
Tether Aims to Invest Half a Billion Dollar in Mining Ventures Over Next Six Months to Become a Top Miner
16.11.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin USDT, aims to invest half a billion dollars to become one of the world’s leading Bitcoin miners. Paolo Ardoino, the company’s incoming CEO, said in a recent interview that Tether plans to invest...
BTC price dips 4% as Bitcoin analysis reveals low liquidity above $33K
16.11.2023
Bitcoin remains prone to volatility, while further downside offers the "path of least resistance" for BTC price next, analysis warns
Paxos to issue USD stablecoin in Singapore, wins initial approval
16.11.2023
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
16.11.2023
Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement
Solana Soars 19% Amid Market Consolidation, Commands Notable ‘Kimchi Premium’ in South Korea
15.11.2023
Bitcoin and ethereum have remained stable on Wednesday, showing little change in their values recently. In contrast, solana (SOL) experienced a notable surge, climbing over 19% against the U.S. dollar, moving from a low of $52.92 to a peak of $63.32. Despite a minor decrease following its rise into...
Bank of America: CBDC Adoption Grows Globally, but Digital Dollar Not Imminent
15.11.2023
Source: iStock/E_Y_E The United States is working on a digital dollar but is unlikely to actually launch one anytime soon, according to Bank of America. In a Monday report, analysts led by Alkesh Shah said that central banks for 67% of countries are exploring central bank digital currencies...